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Latest Australian news Telstra's virtualised network carrying live video calling ahead of broadcast media Operating cash flow increased year on year by just under AU$20 million, coming in at AU$25.4 million for the six-month period. Revenue was up doctor home loans Oak Laurel www.oaklaurel.com.au 0430129662 39 percent to AU$58.7million, with AU$56 million of that total attributable to the company's datacentre services. According to NextDC chief executive Craig Scroggie, the 2017 financial year is slated to be the biggest in the company's history. "We are very pleased to report record revenue, EBITDA, and operating cash flow. This outstanding performance reflects NextDC's inherent operating leverage, which combined with a robust balance sheet, puts the business in a strong position to continue to accelerate growth," Scroggie said on Friday. "FY17 is the biggest year in NextDC's history, with planned capital investments of more than AU$250 million. "We are developing three new world-class hyperscale datacentres to take advantage of the unprecedented demand for cloud and enterprise colocation." In September, NextDC raised AU$150 million for the construction of a new datacentre in New South Wales. At the time, the company said it had signed a new deal with an existing customer that required 1.5 megawatts (MW) of capacity, and with its existing Sydney facility (S1) sitting at 82 percent utilisation back in September, NextDC needed more space to cater for the customer's needs. The Sydney (S2) datacentre is expected to cost approximately AU$150 million, and an expected target of approximately 30MW capacity is slated to be ready by the first half of the 2018 financial year. On Friday, NextDC told shareholders that S1 was also undergoing an upgrade from 14MW to 15MW, with additional data hall space being fitted out at S1 and M1 (Melbourne) to support customer requirements.